CIL Eyeing Acquiring South African Coal Assets

Indian state-run miner, Coal India Limited (CIL), is considering entering into a pact with a government-run coal mining company in South Africa to acquire coal mines in that country.

The move by CIL could be aimed at trying to become a global exporter.

Furthermore, CIL is considering entering into a pact with a South African government owned mining company to identify, acquire and operating coal mines in that country.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *